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elena-s [515]
3 years ago
8

Carter corporation applies manufacturing overhead on the basis of machine-hours. at the beginning of the most recent year, the c

ompany based its predetermined overhead rate on total estimated overhead of $135,850. actual manufacturing overhead for the year amounted to $145,000 and actual machine-hours were 5,660. the company's predetermined overhead rate for the year was $24.70 per machine-hour. the overhead for the year was: question 5 options: $5,198 overapplied $3,952 underapplied $3,952 overapplied $5,198 underapplied
Business
1 answer:
stiks02 [169]3 years ago
6 0
The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. 
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Explanation:

Since the tax rate and the dividend payout ratio are fixed, and you have net working capital and all costs varying directly with sales, the total assets will increase by a value that is less than the annual increase in sales.

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PLEASE HELP ASAP!!! (There are 4 Questions)
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3 years ago
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Sony has sold the same number of television sets each month for almost a year. However, in one month that number suddenly double
Inessa05 [86]

Answer:

C. Reduced prices of Sony televisions resulted in an increase in the quantity demanded.

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2 years ago
On March 1, 2018, Shipley Resources entered into an agreement with the state of Alaska to obtain the rights to operate a mineral
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Answer:

B) $20,697.

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For computing the accretion expense, first we have to determine the present value which is shown below:

Present value would be

= Annual cash flows × PVIF factor for five years at 10%

where,

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= Probability × cash outflows + Probability × cash outflows + Probability × cash outflows

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= $75,000 + $200,000 + $125,000

= $400,000

And, the PVIF would be 0.62092. Refer to the PVIF table

So, the present value would be

= $400,000 ×  0.62092

= $248,368

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= $248,368 × 10% × 10 months ÷ 12 months

= $20,697

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2 years ago
The firm's period between paying suppliers for products and collecting funds from customers who purchase these products is refer
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Answer: b

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